8, HOLLAND WAY, BROMLEY, BR2 7DN - £1,075,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HOLLAND WAY is a midsized extended detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £1,098,342. It was last sold for £1,075,000 in June 2022, which was around 1% above the average June 2022 detached price in the Bromley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

8 HOLLAND WAY Sold Prices

Land registry data shows two sales for 8 HOLLAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. One of the two 8 HOLLAND WAY sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 29 JUN	£1,075,000	£1,062,940	1% above HPI
2017 26 MAY	£885,000	£900,015	2% below HPI

8 HOLLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 8 HOLLAND WAY sales from May 2017 and June 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 HOLLAND WAY be worth now?

8 HOLLAND WAY might now be worth an estimated £1,098,342.

This is based on house price inflation of 2.2%, between June 2022 and May 2026, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 8 HOLLAND WAY of £1,075,000 on 29th June 2022. For the value to have increased from £1,075,000 to £1,098,342 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 8 HOLLAND WAY has moved in line with the HPI for detached houses in the Bromley local authority area.
• The June 2022 sale price of £1,075,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOLLAND WAY has not materially changed since June 2022.

How Large is 8 HOLLAND WAY?

8 HOLLAND WAY is 134m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 8 HOLLAND WAY lies on this distribution: 42% of detached houses houses are smaller than 8 HOLLAND WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in London.

8 HOLLAND WAY: Plot and Title Map

8 HOLLAND WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 8 HOLLAND WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 HOLLAND WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 HOLLAND WAY?

8 HOLLAND WAY is located in BROMLEY, in the BR2 postcode district. The below map shows the position of No. 8 on HOLLAND WAY.